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Bookmark or Share- Office of Public Affairs | Allen Stanford Sentenced to 110 Years in ...WASHINGTON – R. Allen Stanford, the former board of directors chairman of Stanford International Bank (SIB), was sentenced today in Houston to a total of 110 years in prison for orchestrating a 20-year investment fraud scheme in which he misappropriated $7 billion from SIB to finance his personal businesses.
- Allen Stanford jailed for 110 years for $7bn Ponzi - BBC NewsDisgraced tycoon Allen Stanford has been sentenced to 110 years in jail for operating a Ponzi scheme that defrauded investors of more than $7bn (£4.5bn).
- Allen Stanford - WikipediaRobert Allen Stanford (born March 24, 1950) is a convicted financial fraudster, former financier, and sponsor of professional sports. He was convicted of fraud in 2012, having operated an eight billion dollar Ponzi scheme , [ 1 ] [ 2 ] [ 3 ] and is now serving a 110-year federal prison sentence.
- $1bn recovered for victims of Allen Stanford Ponzi scheme - 12 years ...Stanford, 71, is serving a 110-year prison sentence after his conviction for running a $7.2bn Ponzi scheme involving 18,000 investors that lasted two decades.
- Allen Stanford Convicted In $7 Billion Ponzi Scheme - ForbesBut a Texas jury on Tuesday still found Stanford guilty of committing a $7 billion fraud, convicting him on 13 of 14 counts alleged by federal prosecutors. By any standard, Stanford’s Ponzi...
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